The World News AM
Monday, June 23, 2025
  • Login
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
The World News AM
No Result
View All Result
Home Israel

Moody’s downgrades Israel’s credit rating due to Hamas conflict

WNAM: by WNAM:
February 10, 2024
in Israel
0
Moody’s downgrades Israel’s credit rating due to Hamas conflict
0
SHARES
8
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

WASHINGTON: The US ratings agency Moody’s downgraded Israel’s credit rating Friday due to the impact of its ongoing conflict with Hamas in Gaza, lowering it by one notch from A1 to A2.
In a statement, Moody’s said it had done so after assessing that “the ongoing military conflict with Hamas, its aftermath and wider consequences materially raise political risk for Israel as well as weaken its executive and legislative institutions and its fiscal strength, for the foreseeable future.”
The ratings agency also lowered its outlook for Israel’s debt to “negative” due to “the risk of an escalation” with the far more powerful Lebanese militant group Hezbollah that operates along its northern border.
Hamas’s unprecedented October 7 attack resulted in the deaths of about 1,160 people in Israel, mostly civilians, according to an AFP tally based on official Israeli figures.
In response, Israel launched air strikes and a ground offensive that have killed at least 27,947 people in Gaza, mostly women and children, according to the health ministry in the Hamas-run territory.
Following the attack, S&P Global Ratings lowered Israel’s credit outlook from stable to negative on risks that the Israel-Hamas conflict could broaden.
Fitch — which is the last of the big three US ratings agencies — placed Israel on negative watch over risks from the conflict.

“The weakened security environment implies higher social risk and indicates weaker executive and legislative institutions than Moody’s previously assessed,” the ratings agency said Friday in the statement explaining its decision.
“At the same time, Israel’s public finances are deteriorating and the previously projected downward trend in the public debt ratio has now reversed,” it continued.
“Moody’s expects that Israel’s debt burden will be materially higher than projected before the conflict,” it added.

ShareTweetShare
WNAM:

WNAM:

Related Posts

Israel’s goal might be regime change in Iran: Experts

Israel’s goal might be regime change in Iran: Experts

by WNAM:
June 15, 2025
0

CHICAGO: Israel’s military assault against Iran could continue for weeks, with the possible goal of regime change, a panel of...

Israel attacks Iran’s capital with explosions booming across Tehran

Israel attacks Iran’s capital with explosions booming across Tehran

by WNAM:
June 13, 2025
0

JERUSALEM ( WNAM MONITORING):  Israel attacked Iran’s capital early Friday, with explosions booming across Tehran as Israel said it targeted...

41 Israeli soldiers renounce military service, call genocidal attacks in Gaza ‘Netanyahu’s survival war’

41 Israeli soldiers renounce military service, call genocidal attacks in Gaza ‘Netanyahu’s survival war’

by WNAM:
June 11, 2025
0

JERUSALEM ( WNAM MONITORING): Forty-one Israeli soldiers announced on Tuesday that they will not continue their military service, describing the...

Israeli forces seize Gaza aid boat carrying Greta Thunberg

Israeli forces seize Gaza aid boat carrying Greta Thunberg

by WNAM:
June 9, 2025
0

JERUSALEM: Israeli forces have taken command of a charity vessel that had tried to break a naval blockade of the...

Israeli army seizes Gaza-bound aid ship Madleen, towing it to Israel

Israeli army seizes Gaza-bound aid ship Madleen, towing it to Israel

by WNAM:
June 9, 2025
0

ISTANBUL  ( WNAM MONITORING ): The Israeli army seized the Gaza-bound aid ship Madleen, towing it to Israel, the Foreign...

Next Post
Türkiye, Kyrgyzstan ink Joint Economic Commission protocol

Türkiye, Kyrgyzstan ink Joint Economic Commission protocol

S. Korea to begin development of shipborne missile interceptor

S. Korea to begin development of shipborne missile interceptor

  • Home
  • World
  • Gulf
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In